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Hamilton Lane Expands Footprint Across EMEA, Doubling Number of Offices in the Region from 2021

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Hamilton Lane (NASDAQ: HLNE) has expanded its presence in Europe by opening new offices in Milan, Stockholm, and Zug, while hiring senior leaders in London and Frankfurt. This expansion aims to meet increasing investor demand for private markets strategies. The firm now operates six offices across the EMEA region, doubling its footprint since 2021. Notable new hires include Christian D'Amico and Katrin Boström, enhancing local client servicing capabilities. With over $832 billion in assets under management, Hamilton Lane seeks to capitalize on the growing interest in private markets.

Positive
  • Opened new offices in Milan, Stockholm, and Zug, expanding geographic reach.
  • Hired experienced executives enhancing local expertise and client relations.
  • Doubled the number of offices in the EMEA region from 2021, indicating strong growth.
  • Increased focus on private markets strategies aligns with rising investor demand.
Negative
  • None.
  • Firm has opened offices in Milan, headed by Anastasia Di Carlo; in Stockholm, headed by Katrin Boström; and in Zug, headed by Ralph Aerni
  • Added senior leaders across London, Frankfurt and Zug in response to client demand and platform expansion

LONDON, Oct. 4, 2022 /PRNewswire/ -- As investor demand for private markets strategies continues to grow, leading private markets investment management firm Hamilton Lane (NASDAQ: HLNE) has expanded its footprint across Europe, hiring a number of senior executives across London and Frankfurt, and adding outposts in Milan, Stockholm and Zug since the beginning of 2021.

The firm has grown its team and presence in key regions throughout Europe in an effort to better service clients locally:

Frankfurt
  • Earlier this year, Christian D'Amico joined the firm's Frankfurt outpost as a Principal on the Client Solutions team, covering Germany and Austria.
  • D'Amico comes from BNY Mellon Investment Management, where he served as Director of Institutional and Wholesale Sales and brings 20 years of experience in the financial and capital markets, including Director of Institutions Germany & Austria at Janus Capital International and Director Business Development at Feri Institutional Advisors. He reports to Ralph Aerni, Head of Client Solutions, EMEA.
London
  • Carolin Blank, who has been with the firm since 2017, recently assumed a new leadership role as Head of Relationship Management, EMEA, focused on the oversight of client servicing within the region and further integrating with the Investment Team. She reports to Drew Schardt, Head of Global Investment Strategy and Co-Head of Investments.
  • Ben Edwards recently joined the firm's Client Solutions Group as a Principal, responsible for UK institutions and their advisers. Edwards brings more than 20 years of experience in finance, with 15 years of his career spent overseeing UK institutional clients. Most recently, he led GAM's institutional business in the UK and Ireland. Prior to GAM he was an Executive Vice President at PIMCO for nearly a decade, heading the UK institutional client group. He reports to Aerni.
  • John Stake, an Investment Committee member and Co-Head of the firm's Fund Investment Team, recently relocated to London from Conshohocken, PA, to support Hamilton Lane's expanding investment footprint across Europe. He has been with the firm for nearly 14 years and oversees the recommendation of all primary fund investments globally. He reports to Richard Hope, Head of EMEA, and Tom Kerr, Co-Head of Investments.
Milan
  • After serving clients in the region for several years, Principal Anastasia Di Carlo relocated to Milan in 2021, and the firm established a formal presence there this year. Di Carlo has more than 15 years of international experience in private capital investing as well as client relations.
  • Di Carlo is responsible for client management locally and plays a significant role in the development of Hamilton Lane's investment activities and client relationships in Italy. She relocated to Milan from the firm's Sydney office, where she had worked since 2019. She reports to Blank.
Stockholm
  • Managing Director Katrin Boström joined Hamilton Lane earlier this year to lead the firm's new office in Stockholm. Boström sits within the firm's Client Solutions Group, where she is responsible for business development across both institutional and private wealth channels in Sweden and the wider Nordic region. She has more than 15 years of experience in the space, having previously served as Head of Client Relations at Carneo Asset Managers. She reports to Aerni.
Zug
  • In June, Victor Jung joined the firm as Managing Director and Head of Digital Assets, based in Zug. He is responsible for developing and overseeing the execution of the firm's global digital asset strategy, and reports to Frederick Shaw, Chief Risk Officer and Global Head of Operations. 
  • Jung brings nearly a decade of leadership experience in financial services across both institutional and private wealth channels to Hamilton Lane. He was most recently Head of Distribution Partners & Liquid Private Markets – Asia Pacific, at Partners Group.
  • The firm's Zug office continues to grow, having first opened in early 2022 in conjunction with the appointments of Aerni and Vice President Rainer Kobler.

Hope said: "Continued expansion in Europe and bolstering our local teams are key strategic initiatives for our organisation. Against the backdrop of an uncertain macro environment, institutional and private wealth investors are taking into account the strong historical performance of private markets and are looking to increase their exposure to the asset class."

Aerni commented: "We have grown intentionally and thoughtfully, adding talent in key geographies and within our institutional and private wealth channels across EMEA. We've continued to reinforce our presence due to increasing client demand and interest in Hamilton Lane's suite of institutional and private wealth products, and today we believe we are well positioned to provide the highest calibre of service to our clients."

With the addition of the Milan, Stockholm and Zug offices, Hamilton Lane now has six offices across the EMEA region, double the number than at the end of 2020.*

*In the EMEA region, the firm already had established offices in London, Frankfurt and Tel Aviv.

About Hamilton Lane:

Hamilton Lane (NASDAQ: HLNE) is one of the largest private markets investment management firms, providing innovative solutions to institutional and private wealth investors around the world. Dedicated exclusively to private markets investing for more than 30 years, the firm currently employs more than 540 professionals operating in offices throughout North America, Europe, Asia Pacific and the Middle East. Hamilton Lane has more than $832 billion in assets under management and supervision, composed of $108 billion in discretionary assets and more than $724 billion in non-discretionary assets, as of June 30, 2022. Hamilton Lane specializes in building flexible investment programs that provide clients access to the full spectrum of private markets strategies, sectors and geographies. For more information, please visit www.hamiltonlane.com or follow Hamilton Lane on LinkedIn: https://www.linkedin.com/company/hamilton-lane/.

Forward-Looking Statements 

Some of the statements in this release may constitute "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934 and the Private Securities Litigation Reform Act of 1995. Words such as "will," "expect," "believe," "estimate," "continue," "anticipate," "intend," "plan" and similar expressions are intended to identify these forward-looking statements. Forward-looking statements discuss management's current expectations and projections relating to our financial position, results of operations, plans, objectives, future performance and business. All forward-looking statements are subject to known and unknown risks, uncertainties and other important factors that may cause actual results to be materially different, including risks relating to: our ability to manage growth, fund performance, competition in our industry, changes in our regulatory environment and tax status; market conditions generally; our ability to access suitable investment opportunities for our clients; our ability to maintain our fee structure; our ability to attract and retain key employees; our ability to manage our obligations under our debt agreements; defaults by clients and third-party investors on their obligations to fund commitments; our ability to comply with investment guidelines set by our clients; our ability to successfully integrate acquired businesses with ours; our ability to manage risks associated with pursuing new lines of business or entering into strategic partnerships; our ability to anticipate, identify and manage risks we face; our ability to manage the effects of events outside of our control; and our ability to receive distributions from HLA to fund our payment of dividends, taxes and other expenses. 

The foregoing list of factors is not exhaustive. For more information regarding these risks and uncertainties as well as additional risks that we face, you should refer to the "Risk Factors" detailed in Part I, Item 1A of our Annual Report on Form 10-K for the fiscal year ended March 31, 2022 and in our subsequent reports filed from time to time with the Securities and Exchange Commission. The forward-looking statements included in this release are made only as of the date hereof. We undertake no obligation to update or revise any forward-looking statement as a result of new information or future events, except as otherwise required by law. 

Cision View original content:https://www.prnewswire.com/news-releases/hamilton-lane-expands-footprint-across-emea-doubling-number-of-offices-in-the-region-from-2021-301639627.html

SOURCE Hamilton Lane

FAQ

What recent expansion has Hamilton Lane (HLNE) undertaken?

Hamilton Lane has opened new offices in Milan, Stockholm, and Zug, doubling its EMEA office count since 2021.

Who are the new key executives hired by Hamilton Lane (HLNE)?

Key hires include Christian D'Amico for Frankfurt and Katrin Boström for Stockholm, enhancing client servicing.

What is the significance of Hamilton Lane's (HLNE) expansion in Europe?

The expansion reflects the growing investor demand for private markets strategies, allowing better local client servicing.

How much assets does Hamilton Lane (HLNE) manage?

Hamilton Lane manages over $832 billion in assets, showcasing its substantial market presence.

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